HOW CONVENIENT, MR. GORE

摘要

Al Gore's Current TV, a tiny cable channel that often runs viewers' videos, is trying to raise $100 million by going public—in decidedly nondemocratic style, critics say. The prospectus filed on Jan. 28 for channel parent Current Media gives Gore and co-founder Joel Hyatt, a former Democratic Party finance chair, Class B super shares, each worth 10 common share votes. "That's hardly democratic—with a large D or a small d," says University of Delaware corporate governance expert Charles Elson.